The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1887-12-29
PHILADELPHIA, Dec. y, 1857

PHILADELPHIA, Dec. II, 1887.
DEAR SIR: We have your favor of the
10Th and note contents. We will bear in
MIND your project. but do not consider
ELMER the iron trade or the financial situa-
lion IN condition to enter into any new
enterprise OF any magnitude
| Yours truly,
Ihe gentleman writing the letter quoted
above was favorably inclined to large
deal in minerals few weeks before the
PRESIDENTS message was given to the
punllc. The policy outlined i'll that paper
and vigorously presented, had the effect to
arrest all calculations in that direction.
until Congress acts on the recommends
lions OF the Executive and determines the
legislation which will be enacted,
OF course the English press, without an
exception. lauds the message and claims
that 1T presents the trus policy for this
country to adopt The London Times
says it may not establish free trade in
the strict sense of the term, but it will to
a great extent make free trade a The
London Neaos says: THE President does
not seem to perceive the effects Of his own
arguments, or even the meaning of his
own words. His statement that the cues
tion of free tradeis irrelevant is astound-
ing and preposterous. Mr.. Cleveland has
persuaded himself to think, or finds it
convenient to say that the principle Of
fostering nations industries by duties
on foreign imports can be made compati
bic With the principle of regulating the
burdens upon the people by the needs of
the public service. Ii is pure delusion.
Protection, albeat indefensibe. is the
heightof wisdom compared with proposals
which combine all the evils of interfer-
ence with all the risks of liberty
DR.. E. P. Miller, of New York, we'll
known writer on economic questions saws
in an interview with reporter of the
Press, of that city:
sit would close tens Of thousands of our
manufacturing establishments and turn
those employed theilin into tramps and
thieves. 1t would convert tens of thoas-
ands of organized laborers into organized
Anarchists. 1t would transfer that exas
peratiag surplus in the United States
treasury into the capacious vaults OF the
Banks of England, France and Germany,
It would cause So to be withdrawn from
the business interests of this country to
pay for Imported manufactured products
made In foreign countries, to ST. hitherto
taken for duties, to add to the surplus in
the United States Treasury 1t would
stop the wheels OF industry in this country
and turn employees into idleness, and start
the factories OF Europe and convert their
idlers into useful workingmen-
/ Ii President Cleveland had been employ.
ed by foreign potentates to write message
in the interests of foreign powers, he
could not have been more successful in his
efforts in that direction than he has been
in preparing this message If the
doctrines IL contains are carried out. it
will require a large increase in the United
States standing army to keep strickers.
rioters and Anarchists in subsection .
The people of Virginia are confronted
with two alternatives: To support the
Democratic party with the certainty, il
It's policy is carried out. of bringing dis
aster to her Industrial hopes or support
the Republican party with the certainty
that every great interest that affects her
Will be encouraged and promoted. by tie
maintenance OF the true American policy
OF Protection. This is question that is
more important than loyalty to a party
name and more far reaching to the great
mass OF the people than any benefits that
could be claimed by the control Of few Of
/ fees for the few